The decline in GDP of Ukraine in III quarter in annual terms slowed to 7%

The decline in GDP of Ukraine in III quarter in annual terms slowed to 7%


Ukraine’s GDP for the third quarter of 2015 compared with the third quarter of 2014 amounted to 93%, as compared with the second quarter of 2015, with the seasonally – 100,7%, according to the State statistics Committee of Ukraine.

KIEV, 16 Nov. The decline of the Ukrainian economy in the third quarter in annual terms slowed to 7% from 14.7% in the second quarter, while in quarterly terms, with clearing of the seasonal factor increased by 0.7%, according to the State statistics Committee of Ukraine.

“Ukraine’s GDP for the third quarter of 2015 compared to the third quarter of 2014 (in constant 2010 prices) amounted to 93%, as compared with the second quarter of 2015, with the seasonally — 100,7%”, — stated in the message.

A grave political crisis affects the economy and the budgetary sphere of Ukraine, in fact, the country remains on the brink of default.